Long Beach, NY Home Values & Market Trends

Real estate market trends reflect that there have been 240 transactions over the past year in Long Beach. The median value for residential home transactions that occurred over the previous year is $795,629.39. The number of current listings in Long Beach is 69, and the percentage of properties for sale in the city is 69.00%. Long Beach, NY currently has 19 properties in foreclosure, 1 bank owned properties, 10 properties headed for auction, and 69 properties for sale.

Long Beach, NY Real Estate Market Overview

ZipMedian Est. Value
11561

$ 915,112

$ 517/sqft

Housing Market Summary for Long Beach, NY

Mar 2023February 2024Change
Median Listing Price$984.4K$824K-16.30%
Median Sold Price$734.2K$824K12.23%
Homes For Sale546316.67%
Homes Sold252187-25.79%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Long Beach, NY

Long Beach home values range from $30,895 to $28,991,054. The median estimated value of a home in Long Beach is $795,629.39. The median list price of a home is 895,000, and the total count of properties in the city is 8,744.

Foreclosure
There is 1 zips within Long Beach, NY; within this zips, the median estimated home value for homes in foreclosure ranges from $1,362,000 in 11561 to the lowest value of $196,313 in 11561. Foreclosure homes account for 0.00% of properties in Long Beach, NY with 11561 containing 24 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in Long Beach, NY with 11561 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Long Beach, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,362,000 in 11561 to the lowest home value of $625,000 in 11561.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Long Beach, NY ranges from the highest value of $1,276,049 in 11561 to the lowest value of $196,313 in 11561. Bank owned homes and properties account for 0.01% of properties in Long Beach, NY. There is 1 zips within Long Beach, NY; 11561 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    11561 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Long Beach, NY. Auction homes and other auction properties account for 0.11% of all properties in Long Beach, NY. There is 1 zips within Long Beach, NY; of that zips, the median estimated home value for homes going to auction ranges from $1,050,765 in 11561 to the lowest value of $538,647 in 11561.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.79% of residential properties in Long Beach, NY with 11561 containing 92 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Long Beach, NY; homes for sale in that zips, have a range of median values from $3,799,000 in 11561 to the lowest value of $332,736 in 11561.
    Sold Homes
    The median value for recently sold homes ranges from $3,267,825 in 11561 to the lowest price of $31,364 in 11561. There is 1 zips within Long Beach, NY. 11561 has 227 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.12% of properties in Long Beach, NY.

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      Guide for Long Beach, NY

      California
      Long Beach Real Estate Property Values and Cost Per Square Foot on the Rise in 2024
      Market Reports
      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      New York
      Buffalo Real Estate Market Soars in 2023
      Investment Guides
      Will Downtowns Go From Offices to Apartments?
      See More Articles
      Long Beach Real Estate Property Values and Cost Per Square Foot on the Rise in 2024
      California|posted 27 February 2024

      Strong demand and a robust economy are driving Long Beach’s real estate market, with property values and cost per square foot on the rise.

      NYC Real Estate Rises: 8% Surge in Property Values Aug 2023-Jan 2024
      Market Reports|posted 27 February 2024

      New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.

      Buffalo Real Estate Market Soars in 2023
      New York|posted 19 January 2024

      An increase is house prices but a slowdown of homes sold in September

      Will Downtowns Go From Offices to Apartments?
      Investment Guides|posted 15 February 2022

      With more people working from home, there's an of excess office spaces. Older buildings may be up for apartment conversions especially with proposed tax breaks